The Curse of Natural Resources: A Developmental Analysis in a Comparative Context - Couverture souple

Acar, Sevil

Couverture souple

ISBN 10 : 1349932183 ISBN 13 : 9781349932184

Editeur : Palgrave Macmillan, 2019

Synopsis

This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which it benefits - or suffers - from having natural resources, shifting away from the traditional focus on economic growth data to study the complex implications of these resources for human well-being and sustainable development. To this end, Acar examines a panel of countries in terms of the effects of their natural resources on human development and genuine saving, which is a sustainability indicator that takes into account the welfare of future generations by incorporating the changes in different kinds of capital. Acar finds that the exportation of agricultural raw materials is associated with significant deterioration in human development, while extractive resource exports, such as energy and minerals, have negative implications for genuine savings. Next, the book compares the development path of Norway before and after discovering oil, contrasting it with Sweden's development. The two countries, which followed almost identical paths until the 1970s, diverged significantly in terms of per capita income after Norway found oil.

A propos du livre

À propos de l'auteur

Sevil Acar is Associate Professor of Economics at Istanbul Kemerburgaz University, Turkey. Her research focuses on environmental and resource economics, particularly natural capital accounting, sustainability, fossil fuel subsidies, and the resource curse. Her articles have appeared in Structural Change and Economic Dynamics, Ecological Economics, International Review of Environmental and Resource Economics, Ecological Indicators, and Energy Policy.

Détails de l'édition

• Éditeur: Palgrave Macmillan
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 1349932183
• ISBN 13: 9781349932184
• Reliure: Broché
• Numéro d'édition: 1
• Nombre de pages: 264
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Allemagne